1
What is net price?
Price ________ deductions
Price AFTER deductions
What is gross price? (sticker price)
Price _________ deductions
Price BEFORE deductions
Mr. Bowler used to live in Ohio
True or False
True
When should students complete the FAFSA?
(when it opens)
October 1st
What is tuition?
Amount of $ charged for attending a college
What type of financial aid DOES have to be repaid?
Loans
How do scholarships and grants determine net price?
They reduce gross price
How old is Mr. Bowler?
a. 24
b. 31
c. 27
d. 35
b. 31
Why should you explore other options before taking out loans for college?
Helps make college cheaper / you have to pay back loans + interest
Name 1 strength of private universities
Smaller class sizes, prestige, unique programs
What types of financial aid should you accept first?
Ones you don't pay back - scholarships, grants, work-study
What is the purpose of AP classes and Duel Credit programs?
Chance for college credit while in High School
Why did Mr. Bowler miss 3 days last week?
A. Broke his arm
B. Wisdom Teeth removed
C. Torn ACL
D. Laser eye surgery
B. Wisdom Teeth removed
If a student did very well academically in high school, what type of scholarship may they be offered?
a. Athletic
b. Merit-Based
c. Theatre and Arts
d. Epistemological-Metaphysic
b. Merit-Based
What is the purpose of the US Dept. of Education's Office of Financial Aid?
Provide loans, grants, and work-study options for students going to college.
What 3 forms of financial aid DON'T have to be repaid?
scholarships, grants, work-study
What is work study?
Name 2 other classes Mr. Bowler has taught.
(4 possible answers)
AP Human Geography, Civics, American History, English II
How is funding different for private vs public universities?
Private - Mostly Tuition / donations
Public - Government funding / tuition
What is the difference between a job vs. a career. Give an example of each.
Job = $, short term
Career = passion, long term
Name 2 types of taxes that automatically come out of your paycheck.
Social Security, Medicare, Federal Income, State Income
How are subsidized loans different than unsubsidized loans?
Subsidized loans are interest free while you're in school & during grace period.
What restaurant did I work in before teaching?
Olive Garden
EFC / SAI does not determine if you are eligible for which form of aid?
a. Grants
b. Scholarships
c. Loans
d. Work-Study
c. Loans
What things should students consider when comparing colleges? (give 4)
Price, class size, notoriety, distance from home, scholarships, default rate, program choice, graduation rate, etc.